Race for Profit: How the Banks and the Real Estate Industry Undermined Black Homeownership
Keeanga-Yamahtta Taylor joins us to discuss her new book, Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership (UNC Press 2019) uncovers how exploitative real estate practices continued well after housing discrimination was banned. After redlining was formally prohibited the same racist structures and individuals remained intact, and close relationships between regulators and the industry created incentives to ignore improprieties. Meanwhile, new policies meant to encourage low-income homeownership created new methods to exploit Black homeowners. The push to uplift Black homeownership descended into a goldmine for realtors and mortgage lenders, and a ready-made cudgel for the champions of deregulation to wield against government intervention of any kind. Narrating the story of a sea-change in housing policy and its dire impact on African Americans, Race for Profit reveals how the urban core was transformed into a new frontier of cynical extraction. Keeanga-Yamahtta Taylor is assistant professor of African American studies at Princeton University and author of From #BlackLivesMatter to Black Liberation (2016) and How We Get Free: Black Feminism and the Combahee River Collective (2012). Race for Profit was longlisted for the 2019 National Book Award. This event is free and open to the public. RSVP is preferred, not required. Seating is available on a first-come, first-seated basis. ACCESSIBILITY: ASL interpretation will be available. The venue is mobility accessible.
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Interpreted
Where?
Barnard College, Broadway, New York, NY, USA
When?
Mar 9
6:30 pm - 8:00 pm
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Race for Profit: How the Banks and the Real Estate Industry Undermined Black Homeownership
Where?
Barnard College, Broadway, New York, NY, USA
When?
Mar
9
Time?
6:30 pm - 8:00 pm
Signed
Interpreted
Keeanga-Yamahtta Taylor joins us to discuss her new book, Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership (UNC Press 2019) uncovers how exploitative real estate practices continued well after housing discrimination was banned. After redlining was formally prohibited the same racist structures and individuals remained intact, and close relationships between regulators and the industry created incentives to ignore improprieties. Meanwhile, new policies meant to encourage low-income homeownership created new methods to exploit Black homeowners. The push to uplift Black homeownership descended into a goldmine for realtors and mortgage lenders, and a ready-made cudgel for the champions of deregulation to wield against government intervention of any kind. Narrating the story of a sea-change in housing policy and its dire impact on African Americans, Race for Profit reveals how the urban core was transformed into a new frontier of cynical extraction. Keeanga-Yamahtta Taylor is assistant professor of African American studies at Princeton University and author of From #BlackLivesMatter to Black Liberation (2016) and How We Get Free: Black Feminism and the Combahee River Collective (2012). Race for Profit was longlisted for the 2019 National Book Award. This event is free and open to the public. RSVP is preferred, not required. Seating is available on a first-come, first-seated basis. ACCESSIBILITY: ASL interpretation will be available. The venue is mobility accessible.
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